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. let's check out latest news in energy and metals and go to sharon epperson at the nimax. >> the markets are jittery here. we have wti oil prices below $86 an oil and brent crude jumping up toward the 110 level. bob outlined the concerns about going over the fiscal cliff and what that means for the u.s. economy and what ripple effects it will have globally. there's also of course concern about what's going to come of the eu finance ministers meeting over greece and that's going to be an impact on the markets and we have geopolitics and israel saying they won't take direct hits from syria. that is something that the market has been watching very closely as well. the big story that has long-term ramifications for the u.s. oil industry and for the global energy trade is definitely the report today from the international energy agency where they said that they believe that the u.s. will become the top oil producer in the world by 2020. overtaking saudi arabia. overtaking russia and the fact that u.s. will be self-sufficient by 2035. this is a huge sea change in the debate tha
budget. after the weekend, talks collapsed. and the annual world energy outlook report in an hour and plus analysis of where oil prices can be headed. and best buy gets set to join the tablet wars with it insignia flex. what can it offer to customers that the ipad, kindle 5 and surface can't. the first japanese government may be forcesed to lower its outlook for the economy, this after reporting an 8.9% fall in third quarter gdp. at this rate, already in recession. the government's attempts at a moderate recovery has been made more difficult by tensions with china. now pressure is even mounting from the boj, but analysts say the central bank likely to hold off until after the federal reserve is due to meet. joining us for more is global chief officer of global equities. and head of japanese research at jpmorgan securities. i suppose the question is whether this contraction here in the third quarter will be followed by another one in the fourth. >> it looks quite likely. you've got bad news on exports continuing and you've got on on top of that now a contraction in public spending
we'll get the hsbc flash pmi for november. shares in hong kong faired a bit better. energy plays led the rally on ohio oil prices. elsewhere south korean shares snapped a between day losing streak helped by technology stocks and also ship builders. in us a take i can't, commodity plays lent support to the asx 200. talks of a leverage buyout plan. sensex now trading louisa, back to you. >>> the spanish bad loans according to reuters, now at the 10.7% during the month of september versus 10.5% seen in august. so according to the bank of spain, we're seeing that figure just creeping up just by a tad. now, in the u.s., a slightly grimmer picture. major u.s. indices have fallen by 5% since the election day. this month already stacking up to be the worst november for the dow and the s&p 500, ninth worst november since 1973. so it's been pretty dismal trade if you're an equity holder. hi, charles. we talk about this and we're looking at a bounce in europe this morning. do we think the grimness will continue? >> i think the equity markets, they couldn't really believe bond the election until
petrol price and other energy price increases. but to a certain extent as well, the food price increases which we're beginning to see, and likely to see more of reflect changinged food presences, increasing prices for wheat even though spikes in corn and wheat prices that we've seen have been largely due to weather factors. but demands are the pressure, as well. >> for anyone trying to figure out what's going organization how sustainable are the inflation rates and are they not going to fall precipitously as the fee hikes come out. >> there will be, but if you look at the university tuition fees, that will be there for three years. it's not just something that will disappear in 12 months time. and that's an important point because when the bank of england presents it inflation forecast tomorrow, it will have to count those increases in fee as a medium term inflation pressure. they'll be there throughout the entirety of hair projections this time around. and then that has some effect on the policy making decisions. >> is that is t. for the 375, they're done? >> we suspect it probably is.
came out and it's something oprah and i talked a lot about. we needed more fun and energy, oprah needed to be on more often. oprah came on the network in the beginning of january and we had been on the air already for almost a year. >> she wishes she would have been on from the get-go. >> even if she was, it still would have taken. you have to make your mistakes, your stumbles, learn from it and move forward. when oprah is on own, we're usually a top five network in america, we also have "sweetie pies" a lot of talk characters during the day but the length of view is about 90 minutes so people are spending a lot of time with it. >> that's so important. >> the network is one of the fastest growing cable networks in america. >> that was going to be my question it's a pure cable play which you'd like to have because of the dual revenue stream but it's difficult to be in cable channel play if all your channels stink. if you do, then you have something and it becomes international now, that's what you're doing. >> when i got to discovery we had 13 channels in the u.s. and six channels in 00
Search Results 0 to 4 of about 5